First we were down 300, then up 300. Now we are down 78.
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FLY – Don’t you need to be in action during day time if you are awake all through the night?
I do not require sleep.
Futs now +1. Odd
From Birinyi Associates:
If today’s [Monday’s] decline felt bad, it should, as it was the 31st worst decline since 1929.
Using the other 30 other declines as a guide we find that, on average, the S&P is up 2.6% the next day.